Is This Feasible?

[Zach6668 513]

Where do you get that thing that shows your actual hours and MT ratio?*edit* NM...I found it. Really cool feature I didn't know PT had.

Yeah, I love it.Justification for leaving a $8.79/hour job, lol.

[TheCinciKid 0]

Yeah, I love it.Justification for leaving a $8.79/hour job, lol.

Heh. I make $9.75/hour right now when I work 3rd shift. I'm moving to another town at the end of February and I don't have a job lined up yet. I'm starting to consider just playing poker. I did some rough calculations and...With my 26% rakeback on FTP (yeah I know that sucks and there's no bonus, but there's still plenty of action there, so meh)...If I can get in just 30k hands a month at 2/4 FR, I could make roughly $800-$900 just in rakeback. Add on 1-1.5BB/100 in winnings and that's another $1200-$1800 a month. That pretty much blows a $10/hr job out of the water, especially considering that I'd be putting in a lot less hours. Of course, it would be even better if I could get my BR back up to about $2k and play some 3/6 FR and maybe 2/4 SH as well. That would increase the above numbers quite nicely. Anyhow, something I'm thinking about right now. BR isn't quite up to $1200 on FTP alone yet and I would want to have $2k on the site at least to consider "going pro" for a while.

[No_Neck 0]

Heh. I make $9.75/hour right now when I work 3rd shift. I'm moving to another town at the end of February and I don't have a job lined up yet. I'm starting to consider just playing poker. I did some rough calculations and...With my 26% rakeback on FTP (yeah I know that sucks and there's no bonus, but there's still plenty of action there, so meh)...If I can get in just 30k hands a month at 2/4 FR, I could make roughly $800-$900 just in rakeback. Add on 1-1.5BB/100 in winnings and that's another $1200-$1800 a month. That pretty much blows a $10/hr job out of the water, especially considering that I'd be putting in a lot less hours. Of course, it would be even better if I could get my BR back up to about $2k and play some 3/6 FR and maybe 2/4 SH as well. That would increase the above numbers quite nicely. Anyhow, something I'm thinking about right now. BR isn't quite up to $1200 on FTP alone yet and I would want to have $2k on the site at least to consider "going pro" for a while.

as long as you have enough money to ride out the swings I say go for it.

[rgold79 0]

Games have been getting tougher for some time now. Cracking down on online poker in the US just gets the 'tards to back down and the pros to find ways around it.Things are probably going downhill.It wont completely crash, but decline so much that it's worth a whole lot less.If/when that happens i dont know what i'd do. I'd consider moving to vegas to play bigger games live.Just hopefully never a regular bullshit office job. God i hate that ****.I'd rather be flipping burgers.

One thing to consider: It may be in your long term best interest to let online poker disappear for now. If the floor falls out it may create an incentive for the major corporations to get behind legalization and regulation. If the market dries up temporarily it would allow them to generate their own software and get up and running without have to compete handicapped by established sites. Remember, it's still an exceptionally profitable commodity. The real reason the law had such an easy time passing was that the big companies and the AGA did not throw any of their weight behind the issue. If you can incentivize the major corporations, you get money and lobbying, which is what gets things done in American politics. Therein lies your salvation.

[spikymarv99 0]

This is not meant to berate, but rather to motivate. A monkey could make 6k a month playing 6max 200NL. Playing 6 tables at a very modest winrate = good money. There will always be soft lineups at 200NL. Someone with an average winrate of 5 ptBB/100 should be making close to 10k a month playing for 3-4 hours a days while 6 tabling. This is before rakeback and bonuses. Go to 3bet.net, get a coach, and make some money. If money is your bottom line, then SSNL is a good avenue. Comprable jobs in the real world with similar pay require working over 12 hours a day. Good luck.

[homnig 0]

This is not meant to berate, but rather to motivate. A monkey could make 6k a month playing 6max 200NL. Playing 6 tables at a very modest winrate = good money. There will always be soft lineups at 200NL. Someone with an average winrate of 5 ptBB/100 should be making close to 10k a month playing for 3-4 hours a days while 6 tabling. This is before rakeback and bonuses. Go to 3bet.net, get a coach, and make some money. If money is your bottom line, then SSNL is a good avenue. Comprable jobs in the real world with similar pay require working over 12 hours a day. Good luck.

Another thing, grinding 1-2nl for 60$/hr would be really boring.

[No_Neck 0]

Another thing, grinding 1-2nl for 60$/hr would be really boring.

you are young so you don't know (not meaning to be a **** I am 24 and I had no clue)Jobs are boring, they suck, you end up working for someone that is an idiot but because he has been there longer you are expected to listen to him. I will be playing full time shortly. Just need a few more dollars in the roll. If the whole thing goes south, I can always move in with budbundy or maybe one of you canadians would have me

[homnig 0]

you are young so you don't know (not meaning to be a **** I am 24 and I had no clue)Jobs are boring, they suck, you end up working for someone that is an idiot but because he has been there longer you are expected to listen to him. I will be playing full time shortly. Just need a few more dollars in the roll. If the whole thing goes south, I can always move in with budbundy or maybe one of you canadians would have me

I don't know why you think I'm young. Anyways I have done a lot of boring work so I know what it's like. I'd say grinding it out and making a little bit of money for a living would be ridiculously boring and unfullfing. The only way I would go pro is if I was making tons of money and didn't have to put in a set amount of hours/week to make enough $$$.

[No_Neck 0]

I don't know why you think I'm young. Anyways I have done a lot of boring work so I know what it's like. I'd say grinding it out and making a little bit of money for a living would be ridiculously boring and unfullfing. The only way I would go pro is if I was making tons of money and didn't have to put in a set amount of hours/week to make enough $$$.

I thought you were under 18 for some reason?

[BWToth 0]

I don't know why you think I'm young. Anyways I have done a lot of boring work so I know what it's like. I'd say grinding it out and making a little bit of money for a living would be ridiculously boring and unfullfing. The only way I would go pro is if I was making tons of money and didn't have to put in a set amount of hours/week to make enough $$$.

$60 bucks an out isn't little bit, and if you can do that only working, 'playing' 25-30 hrs a week, then you have a lot more time to do other 'fullfilling' things than working 40 hrs a week an an 'unfullfilling' desk job.

[homnig 0]

I thought you were under 18 for some reason?

O well I'm 16.Now that I think about it I'm pretty sure you're right. You could make a couple grand a week and have a lot of freedom too. I'm just feeling bitter lately because I have no time to play because of school.

[Abbaddabba 0]

$60 bucks an out isn't little bit, and if you can do that only working, 'playing' 25-30 hrs a week, then you have a lot more time to do other 'fullfilling' things than working 40 hrs a week an an 'unfullfilling' desk job.

I agree.I hear a lot of people telling me about how poker wont be 'fulfilling'. But the reality is that few, if any people actually get to do something 'fulfilling'. Jobs arent designed to be fulfilling. They're meant to provide incomes. If you find one that is fulfilling, you've hit the jackpot... someone is paying you for something that you'd do anyways. The true litmus test is to ask yourself; if you had all the money you wanted and the company paid you nothing, would you still be doing it? In almost all cases the answer is no.

[No_Neck 0]

I agree.I hear a lot of people telling me about how poker wont be 'fulfilling'. But the reality is that few, if any people actually get to do something 'fulfilling'. Jobs arent designed to be fulfilling. They're meant to provide incomes. If you find one that is fulfilling, you've hit the jackpot... someone is paying you for something that you'd do anyways. The true litmus test is to ask yourself; if you had all the money you wanted and the company paid you nothing, would you still be doing it? In almost all cases the answer is no.

This is kind of true, jobs are actually there to make the owner (or shareholders money). Slightly different.

[rgold79 0]

I agree.I hear a lot of people telling me about how poker wont be 'fulfilling'. But the reality is that few, if any people actually get to do something 'fulfilling'. Jobs arent designed to be fulfilling. They're meant to provide incomes. If you find one that is fulfilling, you've hit the jackpot... someone is paying you for something that you'd do anyways. The true litmus test is to ask yourself; if you had all the money you wanted and the company paid you nothing, would you still be doing it? In almost all cases the answer is no.

I would say you're a tad off in that logic. There are many jobs that people can find interesting and stimulating but still not do without getting paid. It'd important to draw a distinction between something that's a "job" and something that's a "profession" or an "occupation". People go to school and obtain degrees because by achieving expertise in a given field they acquire skills their peers don't have, which in turn gets them paid to do their job. When you are a professional at anything, payment isn't merely a source of income - although of course everyone has to pay the bills somehow - it is also a reflection of the fact that one has attained a level of excellence in his chosen field. This is meant to provide satisfaction in and of itself. But even if you love what you do you still expect to be paid for it.

[Abbaddabba 0]

Im not saying you necessarily hate your job. You may get some other intangible benefits.But remove the cash incentive, and the minuses will generally outweigh the positives. At the very least, people would work far fewer hours.

[homnig 0]

Interesting posts are making me think that grinding 30 hrs a week online wouldn't be that bad.

[trader1499 0]

Ok, so I just recently got rakeback, and I haven't been a big ring game player up to this point, but I was doing some thinking and come calculating and want to know if this is attainable, or if anyone does something like this and has a long term result. This is just a theoretical idea by the way.Bankroll: $5000 (25 buy-ins @ $200NL)Assuming you were to play 2 Shorthanded Tables at this level 8hr/day, 40hr a week. Winrate: (very modest, just above break even) 3BB/100So: 2 tables x 80 hands per hour = 160 hph x 40 hr = 6400 hands/week x (3 x $2) = $384 per week x 50 = $19000/YearPlus Rakebake: (plugging this number of hands per month into their calculator (Rakebreak.com)) = $1017 per month x 12 = $12204/Year19000 + 12204 = $31,204 per yearThis seems to be a pretty awesome figure considering the low limit, and low winrate. It seems to be easily attainable if you could commit yourself to playing full time. Bump up the limits and inflate the figures accordingly, 40hr a week even seems like a lowish number.So my question is:Is this an attainable long term method of poker income? What are some things that i have failed to consider? Does anyone do this, at these or other limits and has anyone done this over a 'long-term' amount of time, if so what were your results?This isn't something I'm attempting to do, yet, or anything, just food for thought.What do you think??Toth.

Now that i can no longer play internet poker I've played 1 10 player sit n go live table 3 days in a row. 100 buy in. cashed all 3 and profit is 590 bucks minus what i tipped the dealers. not bad for about a little less than 4 hours of play. I couldn't do what you are saying for only 30k a year. Theres no way it can go that smooth. bad beats, not to mention the emotion and that you'd have to stay strong for soo many hours and not make many mistakes that are costly. Obviously you can make a living, cause people do it..but many more people go broke. Anyhow good luck. Don't play tired.

[trader1499 0]

my advice is to put a lot more work into your estimates. sit down for a week or two and see how many hours you actually get in. see how much your winrate declines as the hours add up.on the positive side, 2 tables is very few. no reason you can't work up to 4 or more tables, and move up in limits as your bankroll grows..

good thing all the pros that made their living and some getting rich playing ONE TABLE live didn't believe that 2 tables is very few...

[trader1499 0]

Honestly I don't know how you guys do this. It's like you don't lose. Online I'm down 3,800. Now that I can't play anymore (which i think is good) I've had 4 sessions total at live play and have made back in profit 897. I must just have bad luck online cause it seems that in the big games no matter what my better hand gets sucked out on and breaks me. Don't get me wrong I've had a ton of wins online and have taken my 30 dollar deposits to over 100 numerous times but I always stayed and went on tilt after I lose like a hand where I have a fullhouse or something big. I hope that my new live play will continue to go the way its going so i can build a nice bankroll and play some of the big MTT live tables. I do hope to be able to play online again one day but with the way things are going and prohibition to take place in less than 200 days now I just don't know if it will happen.

[trader1499 0]

I agree.I hear a lot of people telling me about how poker wont be 'fulfilling'. But the reality is that few, if any people actually get to do something 'fulfilling'. Jobs arent designed to be fulfilling. They're meant to provide incomes. If you find one that is fulfilling, you've hit the jackpot... someone is paying you for something that you'd do anyways. The true litmus test is to ask yourself; if you had all the money you wanted and the company paid you nothing, would you still be doing it? In almost all cases the answer is no.

My job is the thing that isn't fulfilling. I'm 28. I make 13 bucks an hour and get 19 days off in a year for vacation. It doesn't cut it when my wife who is barely 26 makes close to six figures and my lifestyle is a little different than the normal guy at my job.I have family in different parts of the country and Its a little hard when they tell me i have little time off to see them or take vacation and live life the way god intended it to be lived for those who bust there *** and make something of it. Fullfilling would be making a large income that allows me to be free and not have to listen to a jerk who makes less than what i get to claim on my w-2's. fullfilling would be, being able to fly up to michigan and see my mom more than once a year. flying out to colorado and arizona to see my wifes family. Taking vacations and seeing things i've never seen before. Fullfilling to me is not working a job that when its all over leaves me a tiny pension to retire on and live out the rest of my days with little money.Anyhow... everyone is different and many people here seem to want to do something bigger or crazier whatever you call it. These guys that make this kind of money consistantly at online poker....I think thats special cause if you get over the hump where its not a pure gamble and this supports your lifestyle.. Then you've gotten the something different than your average american making 40k a year working for someone else and doesn't have all the freedoms a self employed person does with the same income or more.To me it's weird that you can make a consistant living in something that is classified as gambling, but I've seen what patience and smart play can do when you go against people who aren't as serious about the game as you. Especially in vegas. My god how many conventions, concerts, sporting events bring in tourists especially drunk ones that are pretty easy to get their money when they sit down to play? I learned this in my first live game ever. Sorry for the long post. I'm done.

[Abbaddabba 0]

The vast majority of people of people who play online will lose.You fit into that category.

good thing all the pros that made their living and some getting rich playing ONE TABLE live didn't believe that 2 tables is very few...

And most of them either started when online poker didnt exist, or they werent comfortable enough with technology to use it.Almost all of the name pros that you see on tv play online regularly. Many of them play more hands online than they play live.And they'd be stupid to not play in the bigger games if htey thought they could beat them.

[Snamuh 0]

Honestly I don't know how you guys do this. It's like you don't lose. Online I'm down 3,800. Now that I can't play anymore (which i think is good) I've had 4 sessions total at live play and have made back in profit 897. I must just have bad luck online cause it seems that in the big games no matter what my better hand gets sucked out on and breaks me. Don't get me wrong I've had a ton of wins online and have taken my 30 dollar deposits to over 100 numerous times but I always stayed and went on tilt after I lose like a hand where I have a fullhouse or something big. I hope that my new live play will continue to go the way its going so i can build a nice bankroll and play some of the big MTT live tables. I do hope to be able to play online again one day but with the way things are going and prohibition to take place in less than 200 days now I just don't know if it will happen.

I took 4.00 made from freerolls and have so far turned it into 255.00, using good bankroll management, not getting frustrated, and staying within the limits my bankroll can handle (.02/.05, 0.05/0.10 - I've actually moved up to 0.10/0.25 and have had superb results despite not having an optimal bankroll for it). The game at these limits is ridiculously easy and while I obviously know you can't make a living off of these limits, I don't see how you can't maintain at least a steady increase in cash online (obviously you're BR will fluctuate but if you are consistently losing, drop down to a limit you can consistently beat).

[No_Neck 0]

I took 4.00 made from freerolls and have so far turned it into 255.00, using good bankroll management, not getting frustrated, and staying within the limits my bankroll can handle (.02/.05, 0.05/0.10 - I've actually moved up to 0.10/0.25 and have had superb results despite not having an optimal bankroll for it). The game at these limits is ridiculously easy and while I obviously know you can't make a living off of these limits, I don't see how you can't maintain at least a steady increase in cash online (obviously you're BR will fluctuate but if you are consistently losing, drop down to a limit you can consistently beat).

that is how the queen high calling specialist got his start...

[Sea Wasp 0]

Playing 40 hours a week of winning poker is unsustainable over the long term. Many players make 10k+ a month playing 1/2 and 15k+ playing 2/4 but they are playing 6-8 tables at a time and covering almost 50k hands a month. You need to think in terms of houghly rate and whether or not you will make more playing poker or by working elsewhere. $150/ hour is commonly attainable at 1/2 playing 8 tables and beating the game for 6bb/100 +.

[Zach6668 513]

Playing 40 hours a week of winning poker is unsustainable over the long term. Many players make 10k+ a month playing 1/2 and 15k+ playing 2/4 but they are playing 6-8 tables at a time and covering almost 50k hands a month. You need to think in terms of houghly rate and whether or not you will make more playing poker or by working elsewhere. $150/ hour is commonly attainable at 1/2 playing 8 tables and beating the game for 6bb/100 +.

Nice job completely contradicting yourself within your own post.And not making any sense in general.